Abans Finance PLC, a member of Abans Group, recorded its best ever Profit After Tax (PAT) of Rs. 306 million for any financial year during the nine months ended December 31, 2021. The firm’s total assets reached close to Rs.10 billion.

The rise in PAT translated to a 63 percent increase Year-on-Year (YoY). 

By setting the company’s Key Performance Indicators (KPIs) in line with its long-term sustainability goals within a framework of balanced score card, the management team is optimistic on the sustainability of its profit momentum and growth in portfolio in the coming years. As a result the management is expecting to close the FY 2021/2022 with a sustainable material growth in YoY performance. 

The management attributed the improved financial performance of the company to the teamwork of its staff, particularly amid the challenging operating environment.